Stratulat Albulescu has advised Vectr Fitness – the main shareholder of the World Class fitness chain in Romania – on the acquisition of Nextfitness & Wellness from Sergiu Irimescu and Sergiu Dan Serban. Solo practitioner Zoltan Nemeth advised the sellers.
According to Stratulat Albulescu, “the two NextFit clubs located in Timisoara and Dumbravita offer professional training conditions, with the latest Technogym fitness and cardio equipment and a strong team of fitness experts, personal trainers, and specialized group fitness instructors.”
According to the firm, “Vectr Fitness is part of the African Industries Group and the main shareholder of World Class – Romania’s leading fitness chain, having introduced the concept of modern fitness clubs as early as 2000, when they opened their first club in Bucharest. Since then, the company has organically expanded its network to more than 40 health and fitness clubs throughout the country, currently having more than 65,000 members.”
In 2022, Stratulat Albulescu advised the previous owners on the sale of World Class Romania to AIG (as reported by CEE Legal Matters on April 27, 2022), with the firm advising World Class on fitness club openings and acquisitions as far back as 2018.
The Stratulat Albulescu team included Partner Cristina Man and Managing Associate Adrian Hlistei-Muresan.